North Carolina H118 modifies the property tax exemption for disabled veterans to exclude a percentage of their primary residence's appraised value.

North Carolina H118 modifies the Disabled Veteran Property Tax Homestead Exclusion to exclude from taxation a percentage of the appraised value of a primary residence owned by a disabled veteran, equal to their disability rating. A disabled veteran must have a disability rating of 50% or greater, receive benefits under 38 U.S.C. § 2101, or have a service-connected, permanent, and total disability to qualify. Surviving spouses of deceased veterans also qualify if the veteran's death was service-connected.

North Carolina H118 modifies the property tax exemption for disabled veterans to exclude a percentage of their primary residence's appraised value.

North Carolina H118 modifies the Disabled Veteran Property Tax Homestead Exclusion to exclude from taxation a percentage of the appraised value of a primary residence owned by a disabled veteran, equal to their disability rating. A disabled veteran must have a disability rating of 50% or greater, receive benefits under 38 U.S.C. § 2101, or have a service-connected, permanent, and total disability to qualify. Surviving spouses of deceased veterans also qualify if the veteran's death was service-connected.